The College of Business Education (CBE), Dar es Salaam Campus, in collaboration with the Public-Private Partnership Centre (PPPC), is excited to announce its upcoming market-sounding event. This event marks the beginning of a transformative project that aims to significantly increase the provision of accommodation services, raising it from the current 1% to an impressive 30%. CBE seeks potential developers, financiers, insurance companies, real estate service providers, construction engineers, and other interested parties to partner under a Public-Private Partnership (PPP) arrangement. This collaboration offers not only the opportunity to deliver high-quality accommodation but also the potential for lucrative business opportunities, given the campus’ strategic location, professional growth, and the chance to contribute to a project of national importance.

The proposed project is a G+4 (ground floor and four floors), four buildings containing a development mix of rooms measuring 12.6 and 15.4 square metres. The buildings are expected to accommodate about 2728 students. The estimated CAPEX for the project is TZS 20,738.9 Bil ($7.7Mil.). The need for the project emanates from the following: a) the capacity of the existing hostels is deficient compared with the demand (160 out of 11,924 students get accommodation, which translates to an absorption capacity of just 1%); b) the CBE has limited financial capability to execute the Project on its own through the public procurement route c) the students living in the private hostels are exposed to unfavourable and unhygienic living conditions, which adversely affects their health and education, leading to low grades and pass rates; and d) the students, particularly the females, are exposed to significant safety and security issues due to travelling alone to and from the institute and minimal or no security measures at these hostels.

The project is expected to benefit the students in various ways, such as a) improved grades and pass rates; b) savings in costs related to rent, healthcare and transportation; c) improved employability and earning potential; d) safety and security; e) saving in travel time, which can be utilised for productive activities; and f) easier access to educational facilities along with peer learning.